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Markus Jooste allegedly took his own life after being notified of arrest warrants over an accounting scandal.
By Janice KewMarch 22 -
Dirk Schreiber was the first top manager to be imprisoned over an accounting scandal that led to the near-collapse of the retailer.
By Karin Matussek and Janice KewAugust 21 -
Steinhoff, the former owner of Mattress Firm in the U.S., has been battling to survive ever since auditors refused to sign off on its financials.
By Janice KewJuly 28 -
The two men were named by the retailer in 2019 following a forensic probe by PwC that uncovered $7.2 billion of irregular transactions.
By Karin Matussek and Janice KewMay 3 -
The trial of Markus Jooste was halted on day one after he was unable to leave his home country South Africa.
By Karin Matussek and Janice KewApril 19 -
Forensic investigators from PwC confirmed that 6.5 billion euros ($6.5 billion) in fictitious or irregular income had been recorded at Steinhoff between 2009 and 2016, making it South Africa's largest known fraud.
By Janice KewAugust 26 -
The company can start paying out $1.6 billion to investors who lost out in the wake of the retailer’s 2017 accounting scandal.
By Janice KewJanuary 27 -
The South African-Dutch-German retailer may soon release a revised proposal to resolve more than $8 billion of legal claims after a previous deal recently fell through.
By Janice KewJuly 8 -
A former audit partner is facing disciplinary action in the Netherlands for an improper audit prior to the South African retailer’s near collapse more than three years ago.
By Janice KewApril 23 -
Most of the insurers that provided the company with director-liability policies have agreed to pay as much as $93 million toward settlements resulting from a 2017 accounting crisis.
By Janice KewMarch 23